GREAT DEVELOPMENT PROPERTY!!!! These three properties are being sold together as one, and combined are just over 5 acres. The seller is willing to sell off 4.25 of the 5 acres for $5million. The second picture is what the property would look like at 4.25 acres. The property has been approved by the city for condos in the past. Seller also has plans already drawn up for a 88 unit condominium. There is a little over 400 feet of prime frontage and water front.